Operating Budget Figures Released

Operating budget figures released

An operating budget for UW-Stout totaling $77 million was approved recently by the UW System Board of Regents.

The budget covers the fiscal year beginning July 1 and ending June 30, 1996. Of the total operating budget, fewer than half of the funds come from state tax dollars. The balance is funded by fees, gifts and grants.

This year's budget contains $50 million in salaries and fringe benefits for the university's 967 permanent employees and graduate assistants. The 1995-96 unclassified compensation plan includes a 1 percent average increase effective July 1, 1995.

Other items in the budget include $12 million for supplies and services, $4 million for equipment, and $11 million for campus-based financial aid and debt service.

Diane Moen, university controller, said a full-time undergraduate Wisconsin student at UW-Stout will pay approximately $5,177 for tuition, fees, room and board during the 1995-96 academic year. Moen said that represents an overall increase of 4.9 percent from last year. Tuition was increased by 6.5 percent, and fees, room and board increased approximately 3.9 percent.

The tuition figure includes a 1 percent tuition surcharge for special technology which will be used to improve student access to items such as computer workstations, e-mail, software and training.

The approved budget eliminated the sunset date for the instructional laboratory modernization, general computer access and classroom modernization programs, and thus continues the annual funding of $430,000.

Outlook Fall '95